taxes Property Tax Assistance

2017 Confidence Interval Detail

212/Smith
212-903/Lindale ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 191,583,750 0.9609 199,379,488 67 1,811 .012847025
A 230,789,855 0.9950 231,949,603 80 1,408 .005471994
A 224,195,474 0.9984 224,554,762 50 992 .008672875
A 265,995,536 0.9949 267,359,067 36 753 .006574616
E 250,410,216 1.0227 244,852,074 17 2,101 .011492034
F1 39,691,500 0.9261 42,858,763 9 153 .010818286
F1 39,184,543 0.9714 40,338,216 8 42 .009297069
F1 40,112,088 0.8666 46,286,739 5 11 .046309022
L1 9,332,192 1.0170 9,176,197 9 77 .028600181
L1 9,900,082 1.0467 9,458,376 8 23 .011521313
L1 13,302,366 0.9775 13,608,559 3 4 .001225916
Random Totals: 1,314,497,602   1,329,821,844 292 7,375  
Catg D1 Exception Values: 9,825,193   8,070,410      
Catg F1 Exception Values: 38,257,245   38,859,852      
Catg L1 Exception Values: 77,623,833   73,252,256      
Total Test Values (4): 1,440,203,873   1,450,004,362      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 72,500,218

Confidence Interval Values (5)

State Lower Limit: 1,377,504,144 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,440,203,873 (Within Confidence Interval)
State Upper Limit: 1,522,504,580 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,351,980,086 (See ISD Summary Worksheet)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories